Oof Sarepta…

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Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were up on Tuesday. Wall Street’s main indexes are in the midst of a rebound after the recent selloff, which was ignited by higher Treasury yields and the Middle East conflict. But overall, U.S. equities are tracking their third straight month in the red, with the S&P 500 and the Nasdaq on course for their worst October since 2018.

While the markets have been volatile, we’ve been keeping our winning trading consistent. Last week our Lead Technical Tactician Nate Bear posted a 100% win rate in his latest service, Profit Surge Trader. He even closed a trade on GOOGL for a 100% gain in 8 trading days.

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Here’s a look at the top-moving stocks this morning.

Pinterest (NYSE: PINS)

Pinterest is up 16.73% premarket. The social media company posted strong third-quarter numbers. Adjusted earnings of $0.28 per share topped estimates of $0.20. Revenue was $763.2 million versus an expectation of $744.1 million. It also outperformed active user expectations, recording 482 million compared to an estimate of 473.46 million.

$mid_ad_zone

Sarepta Therapeutics (Nasdaq: SRPT)

Sarepta Therapeutics is down 45.07% premarket after the gene therapy company unveiled mixed results for a drug that targets a muscle-wasting disease in boys. The drug is called Elevudiys, and patients who received a one-time dose noted a 2.6-point improvement on a 34-point scale measuring movement vs. a 1.9 improvement from placebo recipients. The results weren’t statistically significant.

Cameco Corporation (NYSE: CCJ)

Cameco Corporation is up 4.31% premarket. The nuclear energy company reported net earnings of $148 million and adjusted net earnings of $137 million. Its gross profit improved due to lower unit costs the uranium segment. Its market-related contracts also benefitted from increases in the uranium spot price relative to a year ago.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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